Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Hits New 1-Year Low – Time to Sell?

Simplify Aggregate Bond ETF (NYSEARCA:AGGHGet Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $19.94 and last traded at $19.96, with a volume of 2206 shares trading hands. The stock had previously closed at $20.03.

Simplify Aggregate Bond ETF Trading Down 0.2%

The stock’s fifty day moving average price is $20.18 and its 200-day moving average price is $20.46.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AGGH. IHT Wealth Management LLC acquired a new position in shares of Simplify Aggregate Bond ETF in the 2nd quarter valued at $873,000. Thrivent Financial for Lutherans purchased a new stake in Simplify Aggregate Bond ETF in the 2nd quarter valued at about $818,000. Citadel Advisors LLC purchased a new stake in Simplify Aggregate Bond ETF in the 3rd quarter valued at about $498,000. Prosperity Wealth Management Inc. lifted its position in Simplify Aggregate Bond ETF by 7.9% in the third quarter. Prosperity Wealth Management Inc. now owns 59,301 shares of the company’s stock valued at $1,228,000 after buying an additional 4,342 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new position in Simplify Aggregate Bond ETF in the third quarter valued at about $1,498,000.

Simplify Aggregate Bond ETF Company Profile

(Get Free Report)

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.

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